Exchanges Increase Market Data Revenue at Greater Rate than Traditional Vendors

The acquisition of Interactive Data (IDC) by Intercontinental Exchange (ICE) will make ICE the third largest market data vendor after Bloomberg and Thomson Reuters.  It will also increase exchanges’ market data revenue, which in 2014 rose 12.05% to $3.26 billion.  In the same period, traditional data vendors grew market data revenue by 4.07% to close on $27 billion.

Despite the 2014 gap in market data revenue between exchanges and traditional data vendors, Burton-Taylor International Consulting LLC, a specialist in the financial market data space, expects further convergence of market data sales and distribution to increase competition between traditional vendors and exchanges.

Read the full story here:  http://datamanagementreview.com/blog-entry/exchanges-increase-market-data-revenue-greater-rate-traditional-vendors



COOKIE AND PRIVACY POLICY
By clicking on the proceed button, you are confirming that you have read and agreed to our cookie and privacy policy.